JSA advised Acquisition of 100% share capital of Modern Food Enterprises by Grupo Bimbo
JSA advised Acquisition of 100% share capital of Modern Food Enterprises by Grupo Bimbo J. Sagar Associates (JSA) assisted and advised Grupo Bimbo in the proposed acquisition of Modern Food Enterprises Private Limited from Everfoods Asia Pte. Ltd. Grupo Bimbo is a Mexican multinational bakery product manufacturing company and is listed on the Mexican Stock Exchange. Ready Roti is...
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JSA advised Acquisition of 100% share capital of Modern Food Enterprises by Grupo Bimbo
J. Sagar Associates (JSA) assisted and advised Grupo Bimbo in the proposed acquisition of Modern Food Enterprises Private Limited from Everfoods Asia Pte. Ltd.
Grupo Bimbo is a Mexican multinational bakery product manufacturing company and is listed on the Mexican Stock Exchange. Ready Roti is the subsidiary of Grupo Bimbo, and owns the brand 'Harvest Gold'. Everfoods packaged foods platform controlled by Everstone Group, that had acquired Modern in 2015 from Hinustan Unilever. With the proposed transaction, Grupo Bimbo will have a strong foothold in the Indian bread and bakery segment.
The transaction's Lead Partner Sidharrth Shankar, & his team comprised Prakriti Jaiswal, Shweta Gupta and Dhruv Malhotra.
Compliance due diligence.- Lead Partner - Rupinder Malik & her team comprised - Rajul Bohra, Madhvi Datta and Sriram SL
Litigation aspects of the transaction Lead Partner Ananya Kumar & his team comprised Rajat Joneja and Kartikey Gupta assisted in relation to the
Legal due diligence - Hema Priyadarshini Patnaik, Aman Bhatia, Vidur Prabhakar and Surbhi Talreja
Title due diligence lead by Bharat Bhushan Sharma, Akshatha S. Mattamari, Srinivasan M.D, T G. Rajesh Kumar and Mohit Aggarwal
Competition law related aspects lead by Vaibhav Choukse, Ela Bali, Nripi Jolly and Aditi Khanna
